Unique Integrated Platform Consolidates Enterprise Risk and Operations Capabilities Across Critical Business Areas for Healthcare Organizations
Boston, MA – March 10, 2021 – Censinet, the leading collaborative risk network for healthcare organizations (HCOs), today announced Censinet RiskOps™, the first and only cloud-based integrated platform that consolidates enterprise risk management and operations capabilities across critical business areas: Clinical, Regulatory, Cybersecurity, Research, and Supply Chain. This new product offering builds upon the Company’s foundational success with third-party risk management (TPRM) for healthcare and transforms enterprise risk by making data and insight actionable.
“Today, risk is siloed throughout a health system, managed using disparate data across different teams with manual processes and non-integrated tools,” said Ed Gaudet, CEO and founder of Censinet. “To significantly reduce the occurrence of risks or the impact of incidents, we must integrate and operationalize risk across the enterprise. By consolidating risk into a unified, actionable view, healthcare organizations can identify risk accurately and remediate it quickly.”
Censinet RiskOps enables departments to come together as a single, cohesive team that responds faster and more effectively to risks affecting business operations, care delivery, and patient safety. Business and clinical leaders benefit from efficient procurement processes, effective contracting, fewer post-purchase problems, and elimination of costly duplication and rework. Risk owners achieve maximum visibility across the lifecycle of processes, suppliers, and products, resulting in better enterprise performance.
“Censinet RiskOps enables us to automate and streamline our IT cybersecurity, third-party vendor, and supply chain risk programs in one place,” said Aaron Miri, Chief Information Officer for Dell Medical School and UT Health Austin. “Censinet enables our remote teams to quickly and efficiently coordinate IT risk operations across our health system.”
Purpose-built for Healthcare and available now, Censinet RiskOps is an integrated platform of services delivered on a cloud-based exchange and available through both a state-of-the-art user experience and an open application programming interface (API). Censinet RiskOps extends its pre-built, automated workflows for third-party risk management and turns risk data into actionable insights. By leveraging industry standards and best practices, Censinet reduces risk and drives productivity gains across a networked community of clinical and business process owners, suppliers, affiliates, researchers, and other strategic partners. The RiskOps Command Center is the core of the Censinet platform. It provides a real-time operations dashboard for managing enterprise risk, and an intelligent workflow and analysis engine to deliver AI-driven evidence analysis, predictive modeling, crowdsourced intelligence, and peer benchmarking. Platform data collection services leverage important industry standards (NIST CSF, ISO, HIPAA, and more) allowing for the rapid intake, assessment, and analysis of risk data. Censinet’s continually expanding digital catalog, with today more than 7,000 assessed vendors and 18,000 products and services, drives unmatched productivity in third-party cybersecurity and supply chain risk workflows. Automated risk ratings and corrective action plan generation streamline the identification and remediation of risks across several pre-built risk workflows which support clinical and business use cases.
In addition to orchestration of actionable insights, the Censinet RiskOps command center enables IT, supply chain, business and clinical leaders to quickly visualize issues and take action on the risk to any process, resource, product, or technology under management across 400,000 unique data points. Using Censinet RiskOps, an IT risk analyst can respond to the CISO’s request to see all vendors and products with access to protected health information (PHI) but without an active Business Associate Agreement (BAA) in just a few seconds. Censinet RiskOps also empowers the organization to find risks sooner. This rapid identification delivers the following benefits: ensures better contracting terms, coverages, and remediation obligations; reduces the impact of a data breach or other incidents; enables rapid and complete recovery from a service disruption or supply chain outage.
Censinet RiskOps is available now. For more information on how healthcare organizations can reduce and avoid the impact of risk, please visit: censinet.com/RiskOps or join Ed Gaudet and Karl West, former Intermountain Healthcare CISO, as they discuss RiskOps: censinet.com/RiskOps-webinar.
Censinet enables healthcare organizations to take risk out of their business with Censinet RiskOps™, the first and only cloud-based exchange that integrates and consolidates enterprise risk management and operations capabilities across critical clinical and business areas. Censinet transforms healthcare risk by increasing productivity and operational effectiveness while eliminating risks to care delivery, data privacy, and patient safety. Censinet is based in Boston, MA, and can be found at censinet.com
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